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AeroVironment (AVAV) R&D spending by quarter

AeroVironment's R&D spending was $24.0M in Q1 FY27 (first quarter fiscal 2027), -24% from Q4 FY26. Over the last 7 quarters it ranged from $22.5M (Q3 FY25) to $36.0M (Q2 FY26).

AeroVironment R&D spending by quarterAeroVironment R&D spending by quarter$22.5MQ3 FY25$24.9MQ4 FY25$33.1MQ1 FY26$36.0MQ2 FY26$27.1MQ3 FY26$31.5MQ4 FY26$24.0MQ1 FY27
QuarterR&D spendingQ/QY/Y
Q1 FY27$24.0M-24%-28%
Q4 FY26$31.5M+16%+26%
Q3 FY26$27.1M-25%+21%
Q2 FY26$36.0M+9%—
Q1 FY26$33.1M+33%—
Q4 FY25$24.9M+11%—
Q3 FY25$22.5M——

Q1 FY27 at a glance

AeroVironment, Q1 FY27: revenue $480M (+6% year over year), operating margin -2.3%, net loss $5.1M, operating cash flow $13.5M. The chart follows the revenue to costs, profit and cash.

Questions

What is AeroVironment's R&D spending?

AeroVironment's R&D spending was $24.0M in Q1 FY27 (first quarter fiscal 2027), -24% from Q4 FY26.

How has AeroVironment's R&D spending changed?

Over the last 7 quarters it ranged from $22.5M (Q3 FY25) to $36.0M (Q2 FY26).

Q1 FY27 results → · How AeroVironment makes money →